Capital needs of Indian banks enough to drive growth: S&P

These also meet Basel III terms.

Indian banks have sizable capital needs to support growth and meet Basel III requirements, the report noted.

According to a release from Standard & Poor's Ratings Services, the low capitalization of some rated public-sector banks is likely to constrain growth of Indian banks.

However, the increase in equity valuations for banks following the recent stock market rally will help some of these banks to raise equity and meet near term capital requirements.

The release also noted that Standard & Poor's negative outlook on Indian banks reflects the negative outlook on the sovereign credit rating on India (unsolicited rating BBB-/Negative/A-3).

It also believes that the stand-alone credit profiles and ratings on some Indian banks are sensitive to deterioration in their asset quality and erosion in capital and earnings.

Also Read

Bangkok Bank logs net profit of $1.05b for 9M 2024

Banks face value creation challenge despite record revenues

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit